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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other people's weren't okay. lori: do you buy the end of the world this mayan forecast? melissa: when does it actually happen? lori: the 21st. melissa: i think more likely to happen on 12/12/12. lori: you have power to change it. melissa: things are heating up when it comes to solar, not a good way. many in california are wondering where is all the promised job creation??3 where is all the revenue? fox's william la jeunesse in los angeles with the latest. >> california utilities must get 20% of the their power from renewables. state and federal handouts
we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other...
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apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher right now, but i'm sure it is not. liz: what about the flash cube patent. dennis, what about you? >> mayor bloomberg could be in for holiday shopping. bloomberg media company may want to buy the financial times. any deal more for prestige and profits. preservation down 30% in four years, 300,000. yet bloomberg is a hungry acquirer. a deal here would give bloomberg 50% ownership of the economy. it could go for a price of $1.6 billion. valuing them at double the price of u.s. print properties on a per point. whether ceo plays on march in the print business.
apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher...
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they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see. s&p couldn't gain here, down eight points. david: looking at the negative numbers, imagine what they would be if the fed did not do the money printing. a lot worse than it was today. could have been worse. facebook, when the market is in the red, facebook in the green, today is not an exception. today, a big bump, over 2% bump. tomorrow, of course, is the third lock up, another 156 million shares of facebook coming online, previous times when that's happened, we saw the stock jump as it did today. liz: right. everybody expected it to fall, it didn't. we're watching that. when apple falls on
they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see....
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google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not available on the ipad just yet. waiting for that. there's no integration with contacts so if you have your doctor's address savedded in the contacts, you can't get it seamlessly put in the application just yet, but that's just a matter of time. google share's doing well. we think, probably, because of the release. lots of hype today. connell: up over 700. good to have the turn-by-turn, and turn where you are supposed to be going, another key to this. thank you. >> thanks. connell: a good show last night, the 12-12-12 concert in madison
google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not...
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and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in terms of the company and the fundamentals, my concern is they're overpaying for content. they're going to have to raise capital next year and i don't think somebody can come in and buy them. >> we'll move on and talk about the market. ross kosterich joins us live from san francisco. ros russ, nice to see you. >> thanks for having me. >> if there's coal in apple's market can santa claus have a rally? >> the stock can move higher without apple but to state the obvious, it's a big chunk. it's certainly going to help if apple participates but i think the reality is apple along with the rest of the stock market is still
and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in...
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the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in steve jobs' apple rather than tim cook's apple? >> absolutely. >> is that why we've seen this 23% decline in the stock recently as some of that is starting to dawn on them? >> absolutely. i'll do you one better. it's a great question. i think analysts still think they're forecasting and following steve jobs' growth. the bad news is that it's the wrong model. that era has ended. there's lots of exciting things to do. the story is not over. the future is potentially very bright. folks need to move away from maintaining the margin and benchmark everything against steve jobs. the mar
the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in...
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. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers be next it with those fees? >>> from "50 shades of grey" to 5,000 shades of green, publisher random house giving employees a lot to cheer about this holiday season. we'll explain when "power lunch" continues in just a moment. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite r
. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers be next it with those fees? >>> from "50 shades of grey" to 5,000 shades of green, publisher random house giving employees a lot to cheer about this holiday season. we'll explain when "power lunch" continues in just a moment. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? >> john: president roosevelt declared december 7, 1941, a day that will live in infamy. on this anniversary of the surprise attack on pearl harbor, william la jeunesse introduces us to a remarkable man. who survived attacks on two battleships. a
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it...
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liz: google up, apple down. ciena, a company that makes things go through thh pipe of the band with missing street expectations and lowered guidance for the current quarter but the stock is hanging tough higher by more than 5% since the open and has since pulled back but what are investors seeing heading into next year and how will competitors derail the current run? gary smith, ciena ceo from baltimore, maryland. thank you for joining us. >> thank you for having me. >> every kid, everybody we know is buying a brand-new smartphone constantly upgrading. i would have thought you wouldn't miss estimates because they would have to be buying more equipment to absorb the new and bigger traffic. what went wrong in the quarter? >> expanding in a market that's declined last year about 7%, so we took market share for sure this year and we are very well positioned. our backlog increased by 25%. we are very well positioned to ride the growth curve. liz: you are up 46% over the past year. a huge short for it, 30% is shorter,
liz: google up, apple down. ciena, a company that makes things go through thh pipe of the band with missing street expectations and lowered guidance for the current quarter but the stock is hanging tough higher by more than 5% since the open and has since pulled back but what are investors seeing heading into next year and how will competitors derail the current run? gary smith, ciena ceo from baltimore, maryland. thank you for joining us. >> thank you for having me. >> every kid,...
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if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty that google has to their shareholders. while david callahan says such strategies could hurt the brand. great to have you with us. ben, let me get to you today. we'll get into the ethics in a second. but you say it is good for shareholders. >> i think it's what they have to do. it's their fiduciary duty to protect shareholders and pay as low a tax rate as they legally can. and in this case, that is what they're doing. >> but ethically it feels a little dirty, doesn't it? if all these american companies are hiding their revenues elsewhere. >> i think this is what they have to do. they have leg
if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty...
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writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its prediction for 2012 now within reach, jpmorgan's tom lee on the market's next move. net gain, netflix shares up again as the company rides the halo of its disney deal. where is the next stop? one stock, two opinions in a halftime debate. first our top story the sudden sell-off in shares of apple, after posting its worst trading day in four years, the stock is rebounding but has still lost more than $35 billion in market cap over the past few days. jon fortt is in silicon valley with the latest, the worst performance of three days since 2008. what is the buzz in the valley? >> we've heard multiple theories why the stock has been falling, people se
writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its...
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where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini through apple. go away apple maps, it's poi pointless. >> the google guys must be running around the offices with confetti and horns and saying, yes! you couldn't do it without us. stuart: that's exactly right. >> and that's what they're doing over there at google. stuart: that's right, so google is up and apple i think is barely holding its own, i think it's down at the moment. >> it is down 1%. stuart: we've been questioning whether apple is still cool and we'll keep questioning. nicole, thank you very much indeed. again this thursday morning, i've got to tell you it's a dead flat market. l
where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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. >>> google wins a battle in a war with apple. what it could mean for you as we approach the bottom of the hour already. we have more top stories. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. that's what may help lower your cholesterol and -- social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> hi everyone. i'm gretchen carlson in for
. >>> google wins a battle in a war with apple. what it could mean for you as we approach the bottom of the hour already. we have more top stories. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup....
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coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the glitches that many complained about in apple maps. wrong names, misplaced landmarks and incorrect addresses that cost people money and cause them confusion. the apple group, of course, it is for free. this application. but it's not altogether perfect. there isn't an ipod version just yet and also the voice immigration is not as good as other brands. it is only available in english. still to come, also, there is no tie in with the contacts. overall, these glitches are relatively small and simple and people are rejoicing. back to you. tracy: i certainly am. well, ab
coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the...
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google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite ends of the table they were outbidding each other. they said, let's not do this. not spend more money than we have to. parse out which patents we want and play together. and that is exactly what they're doing. david: but their animosities are stronger than their willingness to work together, correct? >> absolutely. this is no cease-fire in any pay, shape or form. google is going at it. couple things coming out from google today. the company is going after a set-top box company, motorola home. talks it will go after that competing with apple. apple tv wil
google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite...
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but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of losses, i don't own an iphone. i do own apple stock. i figure they get it right this time. it's been a huge hit. the stock is down from 700. [talking over each other] [talking over each other] sandra: all right, here's another one. last night at 12 national 12 -- though 12 mccartney played the role of kurt cobain. courtney love was not excited about that. what did you think about this performance? >> kurt cobain is
but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of...
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. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
. - google vice-president, susan molinari. from the american enterprise institute, join us live, 5:30 p.m. eastern also here on c- span. president obama troubles monday to an auto plant in michigan to merge congress to extend tax breaks for 998% of americans.
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this is the mover in google maps from the device, apple finally approve of the google its app store. the own attempt at maps was a massive disaster even lead to a rare apology from ceo tim cook. jobless claims fell for a fourth straight week. the market may be improving. marking the second lowest claims this year. you have a slow moving average. that is the latest from the fox business network giving you the power to prosper. ashley: breaking news from major league baseball. the associated press reporting texas rangers gm says josh hamilton has agreed to a contract with the l.a. angels. there you go. tracy: i'm shocked we are even talking about baseball in the middle of winter. ashley: hsbc moving on with the largest fine ever paid by a bank. $1.9 billion for the justice department to settle a money-laundering case. could hsbc really commit a crime or was this perhaps a money grab by the government? judge andrew napolitano here with a unique take on this. you say it is all about the money. >> the true answer is we will not know because the case will not be tried. hsbc crossed off $1.
this is the mover in google maps from the device, apple finally approve of the google its app store. the own attempt at maps was a massive disaster even lead to a rare apology from ceo tim cook. jobless claims fell for a fourth straight week. the market may be improving. marking the second lowest claims this year. you have a slow moving average. that is the latest from the fox business network giving you the power to prosper. ashley: breaking news from major league baseball. the associated...
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google fiber is going to be a huge event. they're testing it in kansas city. they're bundling packages with cablevision -- i'm sorry. they are bundling packages with cable tv and internet service. much quicker than the cable internet service. >> is it going to be huge or huge? >> both. >> okay. >> depends on where you're from. >> boys. all right. pop for jcpenney. a huge move, anthony. >> listen, this is the classic short squeeze. one of the worst performing stocks year to date. i expect this thing to get a little higher. >> drop for copper, down 1%. tim? >> not a huge move. >> huge or huge? >> semi-huge move. people are blaming the fiscal cliff. i would just call it lme inventorie inventories, which are very high and major resistant to copper at a time when we don't know if there's real sustained demand. >> pop for sam, boston beer, up 15%. mike? >> this is an example of a good company, but not a good stock. yesterday, after the close, they raised their full year eps forecast to between $4.30 and $4.60 a share. here's the thing, though. 10% top line growth an
google fiber is going to be a huge event. they're testing it in kansas city. they're bundling packages with cablevision -- i'm sorry. they are bundling packages with cable tv and internet service. much quicker than the cable internet service. >> is it going to be huge or huge? >> both. >> okay. >> depends on where you're from. >> boys. all right. pop for jcpenney. a huge move, anthony. >> listen, this is the classic short squeeze. one of the worst performing...
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it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly monetize u >> kansas city, delivering one gigabyte for $30 a month. so interesting to follow this company, generating enormous amounts of cash flow. >> trade off of that. invest in it, they are investing so much in the future. the idea of a superior map product driving google over 700, starting to climb back where it was after that horribly disappointing quarter? i got facebook at 20. i get that. facebook said we got a way to monetize, but the idea, wow, you know what, those maps, which we know are superior, we should buy google off it? >> maybe just the people are taking money out of apple and putting it elsewher
it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly...
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starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this hour security tightens in egypt as law protests new supporters are nothing and so president mohamed morsi are said to confront each other again as the nation ready for a referendum on the job constitution plus. he says well. he won't have no bread. i said way way to maybe one day you mean. he's saying he will never hand and true. blood from having a baby we see if the victims of the usa jennings program have any chance of having their personal tragedies recognize this story and much more after a short break. an artist was arrested for putting up posters critical of drone usage all over new york ci
starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this...
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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astronauts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the srs to reaching t the other guy's throats. the astronauts who went to the moon and here for yourself, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never before seen footage and exclusive interviews with the men who got usthere. i d
. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird. four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington,...
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of that will tend not to protect this country it's with this company it's like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way the companies and the wealthy have been dodging paying their fair share most people are due to discuss these companies do not the very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different regulation and taxation between different countries to their advantage companies like amazon the head office is based in luxemburg which they claim is the center of the economic operations which is handy as luxembourg so well known in tax haven where companies can enjoy a low tax rate but hang on a minute here one of amazon's massive this to be sentence is based in the u.k. in fact the reality is that many of our customers most of their employees and many more distribution centers like this while are in fact based here in the united kingdom so it's not hard to see that the relatively small luxembourg
of that will tend not to protect this country it's with this company it's like starbucks and apple google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way the companies and the wealthy have been dodging paying their fair share most people are due to discuss these companies do not the very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different...
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google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient use of google and groupon. >> may be that if rumors are right. if rumors are right, it may be that. we may have that before long. >> by the way, herb, can you stick around for this one as well because i believe you've got a little bet hanging in the balance, brian. jcpenney, your prediction. >> stocks up a bit. before the prediction, i want to say, enof the year isn't here. stock has to go up 15 points. if it does, still beat brian on the bet. >> you think jcpenney is going to double in two weeks. >> i said all it has to do is rise another 15 points. >> jan turned positive, talked to a focus group who said they lov
google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient...
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what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right, finally, this john mcafee story is right out of hollywood. we need to start casting the movie. one likely candidate is vladic sheybal who played dr. boogalow. but i found the late, great roy shader, seen as bob fossey in "all that jazz." unfortunately, they are both dead. so, casting remains open. i see on the set one person with facial hair and i think -- if pete had a really, really, really hard weekend, monday morning, he could play john mcafee. >> i had a rough one this weekend, as a matter of fact. boy, that was tough. >> little extra time with tequila mocking bird. >> meggings were too tight? >> no meggings here. >> have you hear
what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right,...
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the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. bahrain's leading human rights activists is staying behind bars but nothing about jobs got a three year sentence reduced on appeal despite international pressure on the mall . he to stop persecuting political activists we talk more about that but later the story of an american woman who was forcibly sterilized as a teenager is part of a government program to build a so-called healthy nation as a couple of the many and very stories we got ahead of this. an artist was arrested for putting up posters critical of drone usage all over new york city the p
the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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"wired" reports that, today, apple has fixed the issue but apple ditched google for their own version and a variety of problems forced them to make a public apology. and author of "rethinking reputation and p.r. trumps marketing and advertising." this town said using apple maps can kill you. it was a good headline. >>guest: life threatening is never a good marketing image for your product. it brings a new meaning to "killer apps." the problem with apple and i am a shareholder of apple, it is a great company, one of the best companies in the world but it has been in a vortex of bad news so every blogger is piling on and every security analyst is saying sell it so the stock went from $700 to $525 in a month it has to become more public. >>shepard: they have to start talking about their issues. >>guest: exactly. in this case, with australia, what was serious in australia, and it was as you described but the company did not say anything, they fixed the problem. what i on say, acknowledge it, as they did when they introduced apple maps four months ago. the c.e.o. said, there have been some
"wired" reports that, today, apple has fixed the issue but apple ditched google for their own version and a variety of problems forced them to make a public apology. and author of "rethinking reputation and p.r. trumps marketing and advertising." this town said using apple maps can kill you. it was a good headline. >>guest: life threatening is never a good marketing image for your product. it brings a new meaning to "killer apps." the problem with apple and i...
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remember, i hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. see you back in new york tomorrow. >> and this is mission krill call, rise above washington, d.c. we're going to get to "fast money" in just a moment. but we've got to talk about what is going on here. you just heard maria's observation. she is not confident that a deal will get done. sadly, i feel the same way. especially after speaking with numerous lawmakers today. everybody seems very firmly entrenched, although eamon with the news just a moment ago that john boehner has indeed sent the president a counter offer, though republicans, to a man, complained today that they do not know what cuts the democrats would like to make. senator harry reid coming out earlier today, saying, we're not going to offer up any cuts. we want the gop to put their cuts on the table. it is clear it is a game of finger pointing, which party is going to be made to look like the bad guys, because somebody's going to have to tell somebody no. that is cer
remember, i hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. see you back in new york tomorrow. >> and this is mission krill call, rise above washington, d.c. we're going to get to "fast money" in just a moment. but we've got to talk about what is going on here. you just heard maria's observation. she is not confident that a deal will get done. sadly, i feel the same way. especially after speaking with numerous...
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a tax strategy helped save google around $2 billion in 2011. recent filings show that google shifted $9.8 billion in revenue into a company in bermuda - a country that is free of corporate income tax. while legal in the u.s., the tax strategies have angered european officials, who argue that big companies including google and starbucks do not pay enough taxes abroad. google says it follows all tax laws and helps create jobs and fuel investments overseas. thanks chuck. up next, two ways traders are using gps to potentialy make money. chart talk is coming up. we have located scott bauer of trading advantage to talk about a couple of stocks that might be in for major rallies, starting with garmin, which makes gps products, and gap, which happens to trade under the ticker gps. good to have you on the show. > > good segue angie. > i thought it was pretty cute. let's take a look at garmin first, which makes the gps. what do you see in the charts that you like here? > > after the announcement a couple weeks ago that it was being added to the s&p 500 i
a tax strategy helped save google around $2 billion in 2011. recent filings show that google shifted $9.8 billion in revenue into a company in bermuda - a country that is free of corporate income tax. while legal in the u.s., the tax strategies have angered european officials, who argue that big companies including google and starbucks do not pay enough taxes abroad. google says it follows all tax laws and helps create jobs and fuel investments overseas. thanks chuck. up next, two ways traders...
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google has announced that a new google maps app is available for the iphone. as you can imagine, the rush to get it was so intense by late yesterday it actually temporarily disappeared from the app store. remember back in september, apple ditched the google maps app and put its own on. there's a lot of criticisms about inaccuracies and lack of, i don't know, various things that you would normally expect. >> ending up in australia? >> ending up in australia or getting lost in national parks and stuff like that. so i guess there's people quite relieved right now. >> at least they can use that to find their way to the closest retailer. they're going to be open, 24, 25 hours a day, it seems like. >> it's unbelievable. i think they're going to get every single shopper through the door. you've got big-name companies like toys "r" us and macy's, they're going to stay open around the clock. others like target and nordstroms, but other stores have started a marathon of holiday store hours remaining open 24/7 since december 2nd. and since black friday, most target store
google has announced that a new google maps app is available for the iphone. as you can imagine, the rush to get it was so intense by late yesterday it actually temporarily disappeared from the app store. remember back in september, apple ditched the google maps app and put its own on. there's a lot of criticisms about inaccuracies and lack of, i don't know, various things that you would normally expect. >> ending up in australia? >> ending up in australia or getting lost in...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] >> but school is boring. >> no, it's not. >> charter schools. charters are public schools that are free of t
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. thor gets great rewards for his...
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basic science innovation, technology innovation -- google is a good example. one anecdote -- i was on the board of a company that had about $13 billion in revenue. 90% came from products that were 120 days or less old. they had to reinvent nearly $13 billion of revenue. these are incremental invention, and understood technology. basically the file cabinets on any technological advice you have. that innovation has to come at all three levels inside that business on a continual basis for it to continue to deliver. one of the major reasons why these devices -- two major reasons they are so powerful is because of the processors and storage. so by the way, in storage, the rate of changes is double every nine months. the point is, in that technology world, you have to think about the company's producing innovation to stay ahead of the curve. >> now that they have an out, it to look at it. >> i don't know how to innovate. what strikes me about innovation, and this is something he gave us an example of a few minutes ago -- retroviruses -- retroviruses as part of the t
basic science innovation, technology innovation -- google is a good example. one anecdote -- i was on the board of a company that had about $13 billion in revenue. 90% came from products that were 120 days or less old. they had to reinvent nearly $13 billion of revenue. these are incremental invention, and understood technology. basically the file cabinets on any technological advice you have. that innovation has to come at all three levels inside that business on a continual basis for it to...
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i suspect no one has testified by google hangout, a thing i didn't know existed. my thanks to the technical assistants and the policy support of several very capable folks who made this happen. thank you and welcome and we appreciate your repeat testimony before the subcommittee. >> thank you very much, chairman coons and ranking member isakson. on behalf of the national democratic institute, i look forward to the opportunity to address political developments in mali. mali face there's interwoven crises, a humanitarian emergency in the north which affected 450,000 people, political uncertainty in the capital, and a severe food shortage affecting the entire sahara subreregion. if this crisis were allowed to fester, they would have a long-lasting negative impact on mali and west and north africa, particularly countries like niger, mauritania and others which vauvenpo rouse borders. mali's current transition often looks like a three-legged pecktive, buzz of the unclear boundaries between three main actors, the president, the former coup leader sunago who continues to
i suspect no one has testified by google hangout, a thing i didn't know existed. my thanks to the technical assistants and the policy support of several very capable folks who made this happen. thank you and welcome and we appreciate your repeat testimony before the subcommittee. >> thank you very much, chairman coons and ranking member isakson. on behalf of the national democratic institute, i look forward to the opportunity to address political developments in mali. mali face there's...
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] maybmaybe you can't.re; when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. >>> the death toll from a powerful typhoon hmeri >>> the death toll from a powerful typhoon hammering the philippines climbed. flash floods and landslides killed more than 200 people. dozens more are missing. forecasters say the storm is expected to get stronger and head towards vietnam later in the week. here in new york police say the man who shoved a subway rider to his death has implicated himself in the take. the suspect was picked up tuesday near twars -- times square. he shaved off his dredlocks after the incident. >> he was going after the suspect. he got in a confrontation with the suspect. >> he was going after him and the suspect was saying leaf me alone, you don't know me, i don't know y
google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] maybmaybe you can't.re; when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. >>> the death toll from a powerful typhoon hmeri >>> the death toll from a powerful typhoon hammering the...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> cut the hell out of spending and balance the budget and reduce regulations and support business. >> that was david koch, one half of the koch brothers, whom forbes magazine describe as among the 50 most powerful people on the planet. that interview was recorded two years ago, so we have to assume that neither brother is entirely happy that his preferred party is about to cave on taxes. however, "forbes" is out with a lengthy cover story, an interview with he and his brother, charls, which suggests that the koch brothers didn't get where they are today by backing down. joining us is the editor of " r "forbes." in the piece it says charles used to give his children sunday afternoon economics lectures. what do you think the lecture will be now that it appears speaker boehner and others may be forced to accept a tax hike on the rich? >> well, charles, when he lectured his children, he fancied himself more of a sucratic le
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> cut the hell out of spending and balance the budget and reduce regulations and support business. >> that was david koch, one half of the koch brothers, whom forbes magazine describe as among the 50 most powerful people on the planet. that interview was recorded two years ago, so we have to assume that neither brother is entirely happy...
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these google -- all of these companies which maybe it needs to be a marketing campaign. i don't know. but something i think should be done to change the image of immigrants and make it more positive, and i think that will facilitate everything we're talking about today. so how do you guys think we can maybe change that image of immigrants and make it more positive and not make everybody, when they think of immigrants think of border wars on history channel. >> well, at different times and places, immigrants have been viewed more or less favorably in the united states. this is a nation of immigrants. but when immigration was largely cut off during the 1920's, a lot of americans became somewhat estranged from the immigrant roots of their forebearers. and lost a sense that we were a nation of immigrants. but in some parts of the country today you see the enormous economic vitality it comes with a really diverse and active population that attracts immigrants and kind of zestful necessary they add to a community like those in northern virginia. or southern california or texas
these google -- all of these companies which maybe it needs to be a marketing campaign. i don't know. but something i think should be done to change the image of immigrants and make it more positive, and i think that will facilitate everything we're talking about today. so how do you guys think we can maybe change that image of immigrants and make it more positive and not make everybody, when they think of immigrants think of border wars on history channel. >> well, at different times and...
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particularly here at google. we look at what -- web presence can do for a start-up as they increase their potential not only throughout this country but throughout the world. in terms of global exporting. their ideas and their innovations. those regulatory barriers have such a depressing impact on their abilities to get the job done. that is something government can do that doesn't really have any impact in terms of the cost, but can really produce benefits in terms of additional economic -- >> let me fill in the blanks. once we get to this fiscal cliff, there is a very clear innovation agenda that is in front of us. and the condition i think we will have the conditions as a result of the fiscal cliff being behind us and the election turning out the way it did to get at that. the first one i hope will be immigration where we'll create an ability to solve all the whole immigration problem, not just a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 bil
particularly here at google. we look at what -- web presence can do for a start-up as they increase their potential not only throughout this country but throughout the world. in terms of global exporting. their ideas and their innovations. those regulatory barriers have such a depressing impact on their abilities to get the job done. that is something government can do that doesn't really have any impact in terms of the cost, but can really produce benefits in terms of additional economic --...
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Dec 11, 2012
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it's like apple versus google. they went after samsung to spook the herd that uses the samsung platform. >> what about telephones and smart phones? amazon thinks about getting into the phone business. google is into the phone business with motorola. >> phones and tablets are it. we think of them as the fringe device. by later next year tablets will outsell pcs, i mean macs and windows. it's phones and tablets and everything else is a rounding error. >> i still have that little purple flip phone. does that make me a dinosaur. >> you can sell that on ebay as a collectible. >> what do you make of the ipad mini? the smaller one. >> it's the best of the little tablets. such a luxury, high engineer. i carry this cheaper, google, smaller reason. it fits into my jacket pocket. >> let me see it. >> a little too large. >> i have the same problem. you can't put the mini in this. but you can put it right here. that solves the problem. >> that's your middle ground. >> exactly. >> you guys could get a man purse. >> charlie, you
it's like apple versus google. they went after samsung to spook the herd that uses the samsung platform. >> what about telephones and smart phones? amazon thinks about getting into the phone business. google is into the phone business with motorola. >> phones and tablets are it. we think of them as the fringe device. by later next year tablets will outsell pcs, i mean macs and windows. it's phones and tablets and everything else is a rounding error. >> i still have that little...